News

Prudential’s new business profit rise 12% to $608m in Q1

Its Singapore and Hong Kong businesses logged double-digit growth.

2 in 5 Aussies with single policies rarely claim extra covers.

Couples and family policy holders are more likely to make claims on extra covers.

Thai Life Insurance may benefit from new reporting standard

Thai Life Insurance may see its earnings rise by up to 9% between FY2025 to FY2027.

Manulife Investments unveils Manulife Stable Fund in Hong Kong

It now invests primarily in USD-denominated and settled short-term deposits.

WTW Construction Risk promotes Trent Williams to oversee placements

He previously served as head of Broking, Pacific for seven years.

Aon's net income contracts in Q1 2025

Diluted earnings per share also dipped 17% YoY to $4.43.

APAC’s commercial auto insurance set for steady 3.2% CAGR

Globally, the market is forecasted to register CAGR of 9.9%.

Manulife Hong Kong launches two critical illness products with income aid

One of the plans covers 121 critical illnesses and diseases.

Hong Kong’s insurance premiums reach $83b in 2024

Both long-term and general insurance sectors registered notable increases.

AM Best says Shinkong Insurance to sustain strong profits

The insurer accounted for 16.4% of Taiwan’s domestic non-life sector.

Asia Pacific to lead global motor insurance growth

The market is also estimated to have bagged $833.8b last year.